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RE: The Trouble With Crypto

in LeoFinance2 years ago

Every time crypto goes through a to da moon cycle and I read about people doing foolish things like mortgaging their house to buy coins or borrowing money on their credit card to do so, my heart just hurts for them.

And this week's fallout is why. If we don't train ourselves to resist the lure of instant gratification and covet volatile gains in a speculative realm, then we are setting ourselves up for pain.

Not that I am completely risk averse, it's just that if I lost all my hard work earned crypto tomorrow, I would be sad yes, but I would move on, because my self-worth is not tied up in things, rather it is derived from what I do and my heart's desire is that more people discover that, because then you just pick yourself up when you get kicked in the face by life, dust yourself off, and get back to doing the work, (AKA living).

I'm much like you when it comes to crypto knowledge, I only know what I have read and learned from the incredibly smart people on this blockchain over the years. One thing I do know is that human psychology always stays the same, so I don't think we will ever be rid of speculative, harmful behavior.

I just truly wish that one day the cryptoverse values projects based on their use-case, but as I am a hardcore Hiver I might be biased in this department.

Then again, as I did the last time this happened, I am just going to be here plugging away with my pals, creating content, engaging, and stacking coins that I believe have real value. 😊

Oof, and I didn't mean to write a dissertation here lol, I just really feel for everyone who is truly despondent about the state of things...Hope you are having a fantastic weekend!